Mixed close as trade deficit widens

It was a mixed close for the markets with the Dow rising 13 points to 16,790 as the trade deficit widened. Nasdaq tumbled 32 points to 4,748.

On the upside

More hedge funds are investing in Peabody Energy (NYSE: BTU) .

Rising crude oil prices lifted shares of Energy XXI (Nasdaq: EXXI) and Stone Energy (NYSE: SGY).

Shares of offshore drilling contractor Ocean Rig (Nasdaq: ORIG) climbed as crude oil prices rose.

On the downside

Nektar Therapeutics (Nasdaq: NKTR) closed a direct private placement of $250 million in senior secured notes.

Investors continued to lock in profits on Heron Therapeutics (Nasdaq: HRTX).

Sarepta Therapeutics (Nasdaq: SRPT) priced its secondary offering of 3.25 million common shares at the discounted price of $39 per share.

In the broad market, advancing issues outpaced decliners by a margin of 5 to 4 on the NYSE while decliners edged out advancers by more than 5 to 4 on Nasdaq. The broader S&P 500 fell 7 points to 1,979. Bitcoin rose $5 to $244.